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Yasmin Pembro
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Decks in this class (35)
The legal system: Basic legal concepts
What is law 1,
What are rules 2,
What are values 3
15
cards
Nature of a business: Role of businesses
What are tangibles 1,
What are intangibles 2,
Product differentiation for goods 3
12
cards
Nature of a business: types of businesses
How can a business be classified 1,
Sizes of businesses 2,
What is geographical spread 3
27
cards
Nature of a business: influences in the business environment
List the 10 external influences 1,
External influence economic 2,
External influence financial 3
18
cards
business planning: Influences in establishing an SME (personal qualities)
What are personal qualities 1,
List the personal qualities 2,
What are qualifications 3
9
cards
business planning: Influences in establishing an SME (sources of information)
Sources of information is 1,
What are professional advisors 2,
What are government agencies 3
4
cards
business planning: Influences in establishing an SME (the business idea)
What is a business idea 1,
Ways of identifying business oppo...,
What is competition 3
5
cards
business planning: Influences in establishing an SME (establishment options))
What are the three different esta...,
What does it mean to start a busi...,
Advantages of starting a business...
10
cards
business planning: Influences in establishing a SME (market considerations)
What are the different types of m...,
Goods and services in market cons...,
What is the price in market consi...
4
cards
Influences in establishing an SME (finance)
What is finance 1,
Sources of finance 2,
List short and long term debts 3
10
cards
Influences in establishing an SME (SME'S)
Characteristics of an sme 1,
What are sme s 1,
What is the role of sme s 2
7
cards
Influences in establishing an SME (factors influencing choice of the legal structure)
What are the factors influencing ...,
What is size 2,
Ownership 3
4
cards
palmcards acronyms
Personal qualities 1,
Sources of information 2,
Role of a business 3
8
cards
Influences in establishing an SME (business planning)
Characteristics of a business name 1,
What is zoning 2,
What is local government zoning 3
12
cards
Influences in establishing an SME (business life cycle)
What are the stages of the life c...,
What is the business life cycle 2,
Features of the establishment sta...
23
cards
Influences in establishing an SME (business decline)
Factors that contribute to busine...,
Lack of management expertise 2,
Lack of sufficient money under ca...
15
cards
Influences in establishing an SME (business planning)
What is the planning process 1,
What is a business plan 2,
Executive summary common elements...
19
cards
business goals - term 2
What are business goals 1,
What are smart business goals 2,
What does specific mean smart goa...
33
cards
management process - term 2
What is the management process 1,
What are strategies 2,
What do strategies involve 3
18
cards
Operations, goods and services - Term 2
What are goods 1,
What are services 2,
What are standardised goods 3
12
cards
opperations - term 2
What makes up the production proc...,
What are inputs 2,
What are the different types of r...
36
cards
marketing - term 2
What does marketing involve 1,
What is the role of marketing 2,
What is a marketing plan 3
11
cards
target market - term 2
What is masslo 1,
What is market segmentation segme...,
What is a demographic 3
10
cards
Product - term 2
What is packaging 1,
Benefits of packaging 2,
What is branding 3
4
cards
price - term 2
What is price 1,
What are the three methods of cal...,
Cost base method of calculating p...
14
cards
promotion - term 2
What is promotion 1,
What is advertising 2,
What are the most common forms of...
20
cards
place - term two
What is place 1,
What are distribution channels 2,
What is channel choice 3
14
cards
finance - term 2
What is accounting the role what ...,
What is financial management 1,
What is finance what it is respon...
6
cards
finance (income statement) - term 2
What is the purpose of an income ...,
What are the three expenses 2,
Examples of selling expenses 3
15
cards
cashflow statements (term two)
The formula for a cash balance 1,
The formula for a closing balance 2,
Closing balance for one month is 3
6
cards
employment contracts (term two)
What are employment contracts 1,
What are common law contracts ind...,
Types of rights employees and emp...
17
cards
seperation
What are the four types of volunt...,
What are the two types of involun...,
What is retirement voluntary 3
15
cards
nature of management - term 3
What does an effective manager ne...,
What is planning 2,
What is organising 3
15
cards
Term 2 acronyms
Vision goals and objectives 1,
Achieving business goals 2,
Management processes 3
18
cards
acronyms term three
Features of effective management 1,
Skills of management 2,
Management approches 3
25
cards
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Business year 11
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